SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Universal Medical Sytems (UMSI) -- Ignore unavailable to you. Want to Upgrade?


To: Rod Simonian who wrote (1198)2/24/1998 8:00:00 AM
From: Skaar  Read Replies (1) | Respond to of 1672
 
Laurens:

Ask your source a few more questions for me. If these guys had been evicted, their stuff would be gone...that is the definition of eviction. I have seen an armed sheriff involved to make sure stuff gets moved out, but never to keep stuff in. If I am the landlord, I want that property out, so I can re-lease the place. Did UMSI give the building owner a security interest in the furnishings and equipment to remain there? Or what? (Those are the few questions).

Skaar



To: Rod Simonian who wrote (1198)2/24/1998 8:07:00 AM
From: Laurens  Respond to of 1672
 
Hi Rod & all. Further to my #1178,I understand that
the investors they showed around are no complete
strangers to UMSI.They may have been building up a sizeable stake in the co. already
That could mean only one thing IMO: if they
wish to talk some more with the Boyz,the
only topic that comes to my mind as reasonable plausible is
a greater stake, or even a majority stake or complete
takeover.
If that would come to pass, that would be a very
positive move for UMSI, and hopefully their shares.
This 5 cents stock can only go down 5 cents on more
negative news,but that would mean SEC intervention or
total bust. On the other hand,some positive news could rocket UMSI quickly to 25/50cents, still a far cry from the $2.-+they were selling just over a year ago.
I hate to put some more money in UMSI, but again, it
might just be the best chance to still make some profit with UMSI. I can't see my present stock to return to my $2.-++buying level with all the problems that occurred in the last few months, even under new,and loaded management.
Well, what the heck, I'll buy a sheaf at 5 or better.